Mizuho Trust & Banking (Luxembourg) S.A. chooses SimCorp Dimension

June 11, 2014 03:11 PM Eastern Daylight Time

NEW YORK--(BUSINESS WIRE)--SimCorp,
a leading provider of investment
management solutions and services for the global financial services
industry, has announced that Mizuho Trust & Banking (Luxembourg) S.A.
(“MHTBL”) has chosen SimCorp Dimension as its new integrated software
solution.

MHTBL is a major player in the international financial industry offering
global custody, fund administration and securities agency services to
its clients. MHTBL will use SimCorp Dimension to support its business,
in particular, enabling compliance with both EMIR and AIFMD regulations.

Having conducted a thorough selection process, MHTBL selected SimCorp
Dimension for its ability to meet the company’s comprehensive
requirements and support MHTBL’s future growth ambitions.

Commenting on the agreement, Mr. Toru Horie, Managing Director and CEO
at MHTBL said: “We have chosen SimCorp Dimension because of its
successful track record, and because we believe that it is the best
solution to help us meet the vast regulatory demands of the industry.”

Hans Otto Engkilde, Managing Director SimCorp Benelux said: “The
agreement with MHTBL is a testament to SimCorp’s offering and commitment
to the market. We very much look forward to working with MHTBL in the
future.”

About SimCorp

Since 1971, SimCorp has been providing investment and portfolio
management software and services to the world’s leading investment
managers, asset managers, fund managers, fund administrators, pension
funds, insurance funds and wealth managers. SimCorp’s world-class
software provides global financial organisations with the tools they
need to mitigate risk, reduce cost and enable growth. SimCorp is a
global company, regionally covering all of Europe, North America and
Asia Pacific. Listed on the NASDAQ OMX Copenhagen, SimCorp is dedicated
to supporting the global investment management industry, its clients and
its investors. For more information about SimCorp's products, please
visit www.simcorp.com/product.

About MHTBL

Mizuho Trust & Banking (Luxembourg) S.A. is a wholly owned subsidiary of
Mizuho Trust & Banking Co., Ltd. in Tokyo, Japan within the Mizuho
Financial Group. MHTBL is located in the Grand-Duchy of Luxembourg, the
heart of the European Community and the centre of financial and
investment fund services.